Main disasters just like the current collapse of the Francis Scott Key Bridge in Baltimore can have main implications for close by companies. This leaves communities to search out methods to assist companies by way of tough intervals in order that they’re nonetheless in operation as soon as circumstances return to regular. Two such applications lately launched in Baltimore. Examine them and different present small enterprise grants under.
Port of Baltimore Employee Retention Program and Emergency Enterprise Help Program
Companies which might be struggling to retain staff as a result of collapse of the Francis Scott Key Bridge in Baltimore might quickly be capable to entry reduction due to the Port of Baltimore Employee Retention Program. This system consists of $12.5 million in funding and goals to assist companies keep away from layoffs till the port totally reopens. Eligible companies can use funds for worker coaching, payroll bills, and help companies. Moreover, the Port of Baltimore Emergency Enterprise Help Program is providing grants of as much as $100,000 to assist companies going through challenges as a result of port’s closure. Companies should be capable to show monetary hardship associated to the bridge collapse to qualify. The appliance interval opens on April 22.
Maui Small Enterprise Restoration Grant Program
The US Chamber of Commerce Basis and American Categorical are teaming as much as help Maui companies that had been affected by final 12 months’s wildfires. The Maui Small Enterprise Restoration Grant Program will supply $5,000 grants to 100 companies on the island. To qualify, companies will need to have between 3 and 20 staff and a bodily location on Maui since no less than August 1, 2023. Companies should additionally be capable to display monetary want and loss as a result of wildfires. Could 1 is the deadline to use.
Lifting Our Group Companies Throughout Lengthy Island Small Enterprise Grants
Optimum Enterprise and the LIA Basis are partnering on a brand new grant program to help small companies in Nassau and Suffolk counties. Eligible companies can apply for as much as $5,000 every, with a complete of $300,000 out there. The LOCAL “Lifting Our Group Companies Throughout Lengthy Island” Small Enterprise Grants program additionally provides a six-month membership to the Lengthy Island Affiliation for all candidates. And grant recipients will get a one-year complimentary membership. Eligible companies should apply by Could 1.
Better Washington D.C. Purple Line Building Grants
The Better Washington Group Basis is facilitating a grant program to help native companies which have been negatively impacted by delayed Purple Line development by way of the Washington D.C. space. This system is funded by a $500,000 donation from PNC Financial institution. Companies which have been negatively impacted by the mission can apply for as much as $20,000 to assist cowl varied bills, from capital enhancements to operational prices. To qualify, companies will need to have no less than three years in enterprise, ten or fewer staff, and $5 million or much less in annual income. The deadline to use for funding is Could 13.
Quincy Small Enterprise Help Grant Program
Quincy, Florida, is providing grants to each companies and people seeking to positively enhance their neighborhoods. The Quincy Group Redevelopment Company is facilitating each the Small Enterprise Help Grant and the House Restore Grant. Each applications supply as much as $10,000 to property house owners seeking to improve their areas. Enterprise house owners have to be situated within the Quincy CRA District, have a enterprise license, and be a Quincy utility buyer to qualify.
Newport Technical Help Grants
Newport, Vermont, is providing grants to small companies within the Designated Newport Metropolis Downtown district to assist them entry varied technical help companies. Funding comes from an award that Newport Downtown Growth obtained from the USDA-RD Rural Enterprise Growth Grant Program. Grants can cowl prices associated to varied companies, together with web site design, digital fee processing, and advertising. To qualify, companies will need to have fewer than 50 staff and fewer than $1 million in gross revenue. The Northern Group Funding Capital is facilitating this system, so they are going to assist companies by way of the applying course of and help in creating proposals for varied companies.
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